L T Reports 2,230 Crore Rupees Profit In September Quarter

INSUBCONTINENT EXCLUSIVE:
Revenue from operations jumped 21.3 per cent to Rs 32,081 crore.Industrial conglomerate Larsen Toubro Ltd posted a 22.6 per cent jump in
September-quarter net profit, underpinned by higher order intake
Net profit came in at Rs 2,230 crore ($301.64 million) in the second quarter, compared with Rs 1,820 crore a year earlier, company said on
Wednesday
Analysts on average had expected the Mumbai-headquartered company to post a net profit of Rs 1,719 crore, according to Refinitiv Eikon
data.Revenue from operations jumped 21.3 per cent to Rs 32,081 crore.LT's order book stood at Rs 2.81 lakh crore, as of September 30, of
which, the international order book constituted 22 per cent.The company recorded a one-off gain of Rs 2.95 lakh crore in the quarter
It had reported an exceptional item of Rs 137 crore in the same period last year.